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3570 Old Okanagan Highway, West Kelowna

MLS® #10356843
About this Property

An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:62865)

Property Information

Status

Active

Year Built

1925

Property Type

House

Ownership

Freehold

Parking Spaces

6

Annual Tax

$3,192

Parcel Number

004-457-561

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

4

Bathrooms

2

Living Area

2282 square feet

Flooring

ConcreteTileLaminateCarpetedLinoleum

Fireplace Features

WoodConventional

Appliances

WasherRefrigeratorOven - gasDryer
Exterior & Lot

Lot Size

0.17 acres

Exterior Features

StuccoVinyl siding
Building & Utilities

Foundation

Block

Roof

Asphalt shingle,Unknown

Heating

Baseboard heaters, Stove, Forced air, See remarks, Wood

Water Source

Municipal water

Sewer

Municipal sewage system

$720,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
2Baths
2282sqft
Listing Courtesy of

Office

Royal LePage Kelowna

Mortgage Calculator
$144,000

Loan Amount:

$576,000

Estimated Monthly Payment:

$2,807

This is an estimate for informational purposes only. Consult with a financial advisor.